dollar drop

 
 

Hong Kong intervenes to buy local currency, first time since 2005

HONG KONG, April 13 — The Hong Kong Monetary Authority bought the local currency for the first time since the current trading band was imposed in 2005, after the exchange rate sank to the weak end of its permitted range. The de facto central…


Asia shares cheered by trade hopes, US dollar downcast

asia-shares-cheered-by-trade-hopes-us-dollar-downcast

SYDNEY, March 27 — Asian share markets rallied today as reports of behind-the-scenes talks between the United States and China rekindled hopes a damaging trade war could be averted, in turn sapping the strength of the US dollar and yen. Taking…


Nikkei produces solid rise despite strong yen; financials higher

TOKYO, Feb 15 — Japan’s Nikkei share average rose significantly today morning as investors bought back recently-battered stocks after US markets climbed overnight, shrugging off stronger-than-expected inflation data. The Nikkei advanced 1.6…


Dollar hits 15-month low vs yen, some see further slide

SINGAPORE, Feb 15 — The dollar extended its losses against the yen and hit a fresh 15-month low today, with market participants bracing for further near-term weakness in the US currency. The dollar dropped below yesterday’s nadir of…


Wall Street slips after report China may slow US bond purchases

NEW YORK, January 10 — Wall Street’s major indexes slipped today, stalling the rally that marked the start of 2018, after a report that China is considering slowing or halting purchases of US government debt. Apple, Microsoft and Amazon were…


Dollar drops before Fed, after Alabama poll

LONDON, Dec 13 — The dollar dropped today awaiting the outcome of a Federal Reserve policy meeting and after a shock Democrat election win in a staunchly Republican senate district fuelled fears about US President Donald Trump’s tax cut plans….


Japan investors shy away from Aussie as yield spread shrinks

TOKYO, Dec 4 — Japanese investors are falling out of love with Australia’s currency and bonds as the South Pacific nation’s economic growth slows and its yield premium vanishes. Funds in Japan  bought a monthly average of ¥38 billion…


Market research, Tuesday

*7 November 2017, Tuesday US Market : U.S. equities hit record highs on Monday as sentiment on Wall Street was lifted by news of corporate dealmaking. Broadcom offered to buy fellow chip maker Qualcomm for $70 a share. If completed, the deal would be the biggest in the history of the tech sector. Shares of Advanced Micro Devices jumped on dealmaking news, while shares of Disney and 21st Century Fox also rose. Europe Market : European stocks posted minor gains by Monday’s close, with investors taking note of the latestRead More


US dollar drops as Powell set for Fed nod; bonds slip

NEW YORK, Nov 2 — The dollar declined and Treasury yields steadied as investors digested news that President Donald Trump will pick Jerome Powell to lead the Federal Reserve. European stocks drifted, the euro rose and bonds in the region nudged…


Stocks in Asia rise, dollar drops on dovish Fed

KUALA LUMPUR, Oct 12 — Asian equities advanced after US stocks hit record highs, while the dollar maintained losses after minutes showed there remains a strong degree of caution at the Federal Reserve over the timing of future interest-rate…